The Sherman Antitrust Act:
A)prohibits conspiracies in restraint of trade.
B)allows the formation of trusts so long as they are public enterprises.
C)allows a group of firms to form a trust only if it is done to take advantage of economies of scale.
D)prevents the military from using armored vehicles on the public streets.

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act was passed in 1890 and its main aim was to prevent monopolies and promote competition by prohibiting conspiracies in restraint of trade. Therefore, choice A is the correct option. Choices B and C are incorrect because the act does not allow the formation of trusts regardless of whether they are public or private, and it does not make any exceptions based on economies of scale. Choice D is also incorrect as the act does not have any provisions related to the military or the use of armored vehicles.